Never understood "paying strong" on BST

[bnorth]

Originally Posted by garymc

I believe that it means that you have strong desire to own the card and you will buy at fair price and will not try to negotiate a lower one . I have seen the term used for beaters when trying to complete sets. I may be wrong ???

^^This is how I see it also^^

Originally Posted by bobbyw8469

The key word is 'fair price'.....fair to the buyer? or fair to the seller? I have had GREAT transactions on here. However, when someone reaches out to me looking a particular card, their expected "buy prices" are seldom fair - they are usually wanting them for less than Ebay.

15% less than eBay if fair to both parties. Seller gets within a few cents of the real amount they receive after fees from eBay sale. Buyer gets a discount and probably buys from that seller again.

[rats60]

Originally Posted by bnorth

^^This is how I see it also^^



15% less than eBay if fair to both parties. Seller gets within a few cents of the real amount they receive after fees from eBay sale. Buyer gets a discount and probably buys from that seller again.

How is selling for less than you can on EBay fair to the dealer? That certainly wouldn't be paying strong. 5% below EBay would be fair to both.

[bnorth]

Originally Posted by rats60

How is selling for less than you can on EBay fair to the dealer? That certainly wouldn't be paying strong. 5% below EBay would be fair to both.

5% is fair also. The buyer saves 5% and the seller gets 10% more cash than if sold on eBay for the same price.

As a buyer I might return to the seller giving 5% and making more $ in their pocket. I will definitely go back to the seller giving 15% off and getting the same exact money as they would get from eBay after fees.

[the-illini]

I use terms like "paying strong" or "paying above market" to attract people who may have a card I want, but would only sell for what many would consider an exorbitant price.

For example, an M101-6 of Gavvy Cravath books for 175 dollars in the Standard Catalog - if someone had one I would gladly pay 6-7x that for it, maybe more. There might be 2-3 other collectors out there who would pay that much for the card - this is not a Goudey Ruth.

Someone that had this card probably got it quite a while ago in all likelihood (I haven't seen one for sale publicly) so maybe my offer to "pay strong" would convince them to sell a card that has a narrow market for a nice chunk of change - can't hurt to try on my side...

[hangman62]

After the words " paying strong "..later on comes " what the least you'll take for it "

[calvindog]

Originally Posted by hangman62

After the words " paying strong "..later on comes " what the least you'll take for it "

"Paying strong" usually means "I'm a lowballer and I'll do whatever it takes to steal that card from you, including lying about my willingness to pay even market value."

[Peter_Spaeth]

Too many cynics here. I am sure I have used the term and I mean exactly what Conor said -- if I like the card I will probably pay more than most people would for it, although not off the charts insane new world record wtf type price.

[bobbyw8469]

Originally Posted by Peter_Spaeth

Too many cynics here. I am sure I have used the term and I mean exactly what Conor said -- if I like the card I will probably pay more than most people would for it, although not off the charts insane new world record wtf type price.

You say cynics....I say "seasoned pros"....doubtful any of us will buy a card from yepbg or 707 anytime soon.....

[KMayUSA6060]

Originally Posted by the-illini

I use terms like "paying strong" or "paying above market" to attract people who may have a card I want, but would only sell for what many would consider an exorbitant price.

This is where I've seen it most useful. I've never used it myself, but I've seen the best response with this.

[buymycards]

15% below eBay price is a fair price, considering that eBay takes 12% and PayPal takes 3%, so it would be a wash for the seller and the buyer would save 15%.

[rats60]

Originally Posted by buymycards

15% below eBay price is a fair price, considering that eBay takes 12% and PayPal takes 3%, so it would be a wash for the seller and the buyer would save 15%.

When did EBay start taking 12%? It was 10% for the card that I sold last month. Also, EBay discounts off that. The seller is losing 2% + and the buyer is the only one with savings. Fair is both buyer and seller meeting in the middle, not one taking all the savings plus more.

[Mdmtx]

If all cards have an exact value, then auctions are obsolete.

[bobbyw8469]

Originally Posted by buymycards

15% below eBay price is a fair price, considering that eBay takes 12% and PayPal takes 3%, so it would be a wash for the seller and the buyer would save 15%.

Seems to me that everyone is confused on what Ebay takes....it is 10%. Less if you have a store.

[bnorth]

Originally Posted by bobbyw8469

Seems to me that everyone is confused on what Ebay takes....it is 10%. Less if you have a store.

Seems to me people are forgetting some fees.

For regular sellers eBay takes 10% of everything including shipping. PayPal takes $.30 plus 2.9% of everything including shipping. On lower end sales the total fees are over 15%.

EDIT: To keep this kind of on track I also like to pay weak.